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Shareholders’ Equity | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
Shareholders’ Equity | Note 11. Shareholders’ Equity Dividends In February 2023, the Company declared a regular quarterly dividend of $0.09 per share, or $0.36 per share on an annualized basis. The dividend was paid on April 28, 2023 to shareholders of record as of the close of business on March 31, 2023. Earnings per Share The following table sets forth the computation of the basic and diluted earnings per share for the three months ended March 31, 2023 and 2022: Schedule of Earnings Per Share, Basic and Diluted
|  | 2023 |  |  | 2022 |
|  | Three months ended |
|  | March 31, |
|  | 2023 |  |  | 2022 |
Numerator for basic and diluted earnings per shares |  |  |  |  |  |  |  |
Net Income |  | $ | 48,372 |  |  | $ | 20,953 |
Denominator |  |  |  |  |  |  |  |
Denominator for basic earnings per ordinary share - weighted average shares outstanding |  |  | 47,674,773 |  |  |  | 47,674,773 |
Effect of dilutive securities and stock dividend |  |  | - |  |  |  | - |
Denominator for diluted earnings per ordinary share - weighted average shares outstanding |  |  | 47,674,773 |  |  |  | 47,674,773 |
Basic earnings per ordinary share |  | $ | 1.01 |  |  | $ | 0.44 |
Diluted earnings per ordinary share |  | $ | 1.01 |  |  | $ | 0.44 |

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